| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 25 Jul 2025 | 47 | 21% | 62% | 17% | 11% |
| 01 Jul 2024 - 31 Dec 2024 | 16 Jan 2025 | 46 | 23% | 62% | 15% | 10% |
| 01 Jan 2024 - 30 Jun 2024 | 18 Jul 2024 | 47 | 25% | 64% | 11% | 11% |
| 01 Jul 2023 - 31 Dec 2023 | 18 Jan 2024 | 46 | 26% | 63% | 11% | 11% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 48 | 32% | 57% | 10% | 12% |
| 01 Jul 2022 - 31 Dec 2022 | 20 Jan 2023 | 49 | 35% | 54% | 11% | 17% |
| 01 Jul 2021 - 31 Dec 2021 | 20 Jan 2022 | 47 | 25% | 60% | 15% | 15% |
| 01 Jan 2021 - 30 Jun 2021 | 14 Jul 2021 | 46 | 30% | 61% | 9% | 14% |
| 01 Jul 2020 - 31 Dec 2020 | 21 Jan 2021 | 46 | 32% | 59% | 9% | 18% |
| 01 Jan 2020 - 30 Jun 2020 | 21 Jan 2021 | 46 | 33% | 58% | 9% | 18% |
| 01 Jan 2018 - 30 Jun 2018 | 27 Jul 2018 | 45 | 35% | 57% | 8% | 14% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Our standard payment terms are payment on the 6th or 20th of a given month following invoice e.g. 2M06 whereby an invoice received on 15 January would be paid on 6 March.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
110
We deal with very few disputes in relation to payment terms and identify a resolution within days. We document agreement to payment terms with vendors before beginning any new business but aim to find a suitable resolution depending on the nature and scale of the business.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
CRODA EUROPE LIMITED is a leading global manufacturer and supplier of specialty chemicals for the personal care, health care, home care, industrial, and agrochemical industries. The company was established in 1925 and is headquartered in Goole, East Yorkshire, United Kingdom.
The company's sustainability program, called "Sustainable Innovation", is at the core of their business strategy. They aim to reduce their environmental impact through sustainable sourcing, manufacturing processes, and product formulations. CRODA EUROPE LIMITED is committed to achieving zero waste and carbon neutrality by 2050.
The company offers a wide range of sustainable and eco-friendly products, including bio-based ingredients, biodegradable surfactants, and renewable specialty chemicals. Their products are used in various applications, such as cosmetics, pharmaceuticals, household cleaning, and crop protection. CRODA EUROPE LIMITED also offers customized solutions and technical support to meet their customers' specific needs.
The key people at CRODA EUROPE LIMITED include CEO Steve Foots, who has been with the company for over 20 years, and the Executive Committee, who oversee the company's operations and strategic direction.
For more information about the company and its products, customers can visit their website at www.croda.com. The registered office address for CRODA EUROPE LIMITED is Cowick Hall, Snaith, Goole, East Yorkshire, DN14 9AA, United Kingdom. Customers can also contact the company through their customer service hotline at +44 (0) 1405 860551.